Core Viewpoint - Changsha Meigaohua Technology Co., Ltd. has been established with a registered capital of 100,000 RMB, indicating a diversification into various sectors including food sales and technology services [1] Company Summary - The legal representative of the company is Yang Hua [1] - The registered capital of the company is 100,000 RMB [1] - The company is involved in a wide range of business activities, including but not limited to: - Food sales (subject to approval) [1] - Metal surface treatment and heat treatment processing [1] - Manufacturing of gas and liquid separation and purification equipment [1] - Manufacturing of ship automation, detection, and monitoring systems [1] - Manufacturing of industrial automatic control system devices [1] - Technical services, development, consulting, and technology transfer [1] - Cold supply services [1] - Blockchain technology-related software and services [1] - Manufacturing of refrigeration and air conditioning equipment [1] - Manufacturing and sales of non-ferrous metal alloys [1] - Wholesale and retail of hardware products [1] - Import and export of goods and technology [1] - Non-residential real estate leasing and housing leasing [1] - Manufacturing of basic chemical raw materials (excluding hazardous chemicals) [1] - Manufacturing of wearable smart devices [1] - Sales of packaging materials and products [1] - Manufacturing of paper products [1] - General cargo warehousing services (excluding hazardous chemicals) [1] - Low-temperature warehousing (excluding hazardous chemicals) [1]

Core Viewpoint - Baide International (02668) is expected to report a significant increase in losses for the first half of the year, projecting a loss of approximately HKD 110 million to HKD 130 million, compared to a loss of HKD 36.8 million in the same period last year [1] Financial Performance - The company anticipates a loss of around HKD 110 million to HKD 130 million for the first half of the year [1] - Last year's loss for the same period was HKD 36.8 million [1] Reasons for Loss - The primary reasons for the increased losses include: - Significant increase in overall costs due to the acquisition of iron ore mining and processing operations completed at the end of last year, which has led to higher direct costs, operational expenses, and administrative expenses [1] - Maintenance of approximately HKD 405 million in bank loans related to mining operations, resulting in increased financial costs for the group [1] - Increased fair value losses on investment properties [1] Business Segments - Baide International is primarily engaged in the trading of non-ferrous metals and construction materials, with five main business segments: - Supply chain services for non-ferrous metals and construction materials [1] - Hotel management and catering services [1] - Equipment leasing [1] - Retail shop leasing [1] - Securities investment [1]

Group 1 - The A-share financial sector has seen a significant rally, with notable increases in stocks such as Nanhua Futures, which has achieved two consecutive trading limits [1] - Other companies that experienced gains include Yuexiu Capital, China National Petroleum Capital, Hongye Futures, Bohai Leasing, and Shaanxi Guotou A [1]